Tara Patel
Bloomberg
October 19, 2012
Heating a French home could soon require an income tax consultation or even a visit to the doctor under legislation to force conservation in the nation’s $46 billion household energy market.
A bill adopted by the lower house this month would set prices that homes pay based on wages, age and climate. Utilities Electricite de France SA and GDF Suez SA (GSZ) will use the data to reward consumers who cut power and natural gas usage and penalize those whom regulators decide are wasteful.
“It’s Orwellian,” opposition lawmaker Daniel Fasquelle said by telephone. “The law will create huge inequalities and infringe on people’s individual freedoms. It won’t work.”
Socialist President Francois Hollande is pushing boundaries of privacy and privilege in carrying out a campaign promise to reduce energy costs. France, which built the world’s biggest reliance on nuclear power as other nations buckled under public anxiety over atomic energy, is now seeking support to reward homes for “negawatts,” or not using a kilowatt of power.
This article was posted: Friday, October 19, 2012 at 7:24 am
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